Clariant surges after court dismisses Shell damage claim

Clariant AG

30/07/2026 08:22

** Shares in Swiss chemical company Clariant CLN.S are up 17% after the Amsterdam district court dismissed a damage claim from Shell SHEL.L 
** The court dismissed the damage claim in its entirety against Clariant and three other defendants
** Clariant said it welcomes the decision by the court 
** "The full dismissal of the claim is clearly a very positive outcome for Clariant," Vontobel says, adding that the ethylene case has weighed on investor sentiment for the stock
** The broker adds that while the ruling can still be appealed, it provides an initial indication of how future court decisions may develop
** Shares are on track for their best day since November 2008 if gains hold

 (Reporting by Cian Muenster)
 ((Cian.Muenster@thomsonreuters.com))